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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Cash Flow From Operating Activities          
Net income $ 45,838 $ 86,686      
Adjustments to reconcile net income to net cash provided by (used in) operating activities          
Provision for credit losses 53,001 6,000      
Depreciation and amortization 14,971 14,358      
Addition to (recovery of) valuation allowance on mortgage servicing rights, net 9,098 121      
Amortization of mortgage servicing rights 3,635 2,693      
Amortization during the year 2,814 2,226      
Amortization and accretion on earning assets, funding, and other, net 5,728 6,571      
Net amortization of tax credit investments 6,486 5,637      
Losses (gains) on sales of investment securities, net (6,118) (1,680)      
Asset (gains) losses, net (77) 567      
(Gain) loss on mortgage banking activities, net (14,274) (3,174)      
Mortgage loans originated and acquired for sale (310,254) (162,521)      
Proceeds from sales of mortgage loans held for sale 297,265 159,842      
Changes in certain assets and liabilities          
(Increase) decrease in interest receivable (1,181) (12,068)      
Increase (decrease) in interest payable (6,511) (1,516)      
Increase (decrease) in expense payable (61,924) (51,247)      
(Increase) decrease in net derivative position (77,369) (54,411)      
Net change in other assets and other liabilities 18,636 (10,552)      
Net cash provided by (used in) operating activities (20,083) (13,602)      
Cash Flow From Investing Activities          
Net increase in loans (1,395,767) (216,817)      
Purchases of          
Available for sale securities (93,487) (120,282)      
Held to maturity securities (29,463) (140,670)      
Federal Home Loan Bank and Federal Reserve Bank stocks (49,794) (88,245)      
Premises, equipment, and software, net of disposals (11,045) (13,368)      
Other intangibles (200) 0      
Proceeds from          
Sales of available for sale securities 365,239 131,122      
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 55,000 121,839      
Prepayments, calls, and maturities of available for sale investment securities 186,496 135,541      
Prepayments, calls, and maturities of held to maturity investment securities 84,360 43,953      
Sales, prepayments, calls, and maturities of other assets 10,482 3,179      
Net change in tax credit and alternative investments (17,877) (18,772)      
Net cash (paid) received in acquisition (31,452) 0      
Net cash provided by (used in) investing activities (927,507) (162,518)      
Cash Flow From Financing Activities          
Net increase (decrease) in deposits 1,443,965 635,664      
Net increase (decrease) in short-term funding (324,317) 2,043      
Net increase (decrease) in short-term FHLB advances 30,000 (880,000)      
Repayment of long-term FHLB advances (5,464) (169)      
Proceeds from long-term FHLB advances 0 250,633      
Proceeds from finance lease principal 1 0      
Proceeds from issuance of common stock for stock-based compensation plans 2,896 7,045      
Cash dividends on common stock (28,392) (28,183)      
Cash dividends on preferred stock (3,801) (3,801)      
Net cash provided by (used in) financing activities 1,038,079 (54,235)      
Net increase (decrease) in cash, cash equivalents, and restricted cash 90,488 (230,355)      
Cash, cash equivalents, and restricted cash at beginning of period 588,744 876,698 $ 876,698    
Cash, cash equivalents, and restricted cash at end of period 679,232 646,343 588,744    
Supplemental disclosures of cash flow information          
Cash paid for interest 66,316 91,521      
Cash paid for (received from) income and franchise taxes 1,373 (5,760)      
Loans and bank premises transferred to OREO 3,374 2,222      
Capitalized mortgage servicing rights 3,716 1,247      
Loans transferred into held for sale from portfolio, net 205,065 1,074      
Unsettled trades to purchase securities 0 11,244      
Acquisition          
Fair value of assets acquired, including cash and cash equivalents       $ 457,448 $ 0
Fair value ascribed to goodwill and intangible assets       22,538 (79)
Fair value of liabilities assumed       479,985 0
Equity issued in (adjustments related to) acquisition 0 (79)      
Restricted Cash and Cash Equivalents          
Cash and cash equivalents       679,232 489,095
Restricted cash       0 157,248
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows 679,232 646,343 $ 876,698 $ 679,232 $ 646,343
Performance/Service Based RSAs, RSA,          
Cash Flow From Financing Activities          
Payments for Repurchase of Common Stock (5,555) (7,468)      
Board Authorized Purchase Program [Member]          
Cash Flow From Financing Activities          
Payments for Repurchase of Common Stock $ (71,255) $ (29,999)